Stmicroelectronics Nv Adr Stock Price on April 28, 2024
| STM Stock | USD 40.52 0.01 0.02% |
If you're considering investing in STMicroelectronics Stock, it is important to understand the factors that can impact its price. As of today, the current price of STMicroelectronics stands at 40.52, as last reported on the 14th of May 2024, with the highest price reaching 40.90 and the lowest price hitting 40.45 during the day. STMicroelectronics NV ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0707, which indicates the firm had a -0.0707% return per unit of standard deviation over the last 3 months. STMicroelectronics NV ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate STMicroelectronics' risk adjusted performance of (0.04), and Variance of 4.12 to confirm the risk estimate we provide.
STMicroelectronics Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
STMicroelectronics |
Sharpe Ratio = -0.0707
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| Negative Returns | STM |
Estimated Market Risk
| 2.03 actual daily | 17 83% of assets are more volatile |
Expected Return
| -0.14 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.07 actual daily | 0 Most of other assets perform better |
Based on monthly moving average STMicroelectronics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of STMicroelectronics by adding STMicroelectronics to a well-diversified portfolio.
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STMicroelectronics Valuation on April 28, 2024
It is possible to determine the worth of STMicroelectronics on a given historical date. On April 28, 2024 STMicroelectronics was worth 41.74 at the beginning of the trading date compared to the closed value of 41.33. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of STMicroelectronics stock. Still, in general, we apply an absolute valuation method to find STMicroelectronics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of STMicroelectronics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against STMicroelectronics' related companies.
| Open | High | Low | Close | Volume | |
| 42.57 | 43.15 | 41.89 | 42.60 | 6,249,959 | |
04/26/2024 | 41.74 | 41.84 | 41.24 | 41.33 | 3,776,167 |
| 41.09 | 41.18 | 40.67 | 41.18 | 2,829,143 |
| Backtest STMicroelectronics | | | STMicroelectronics History | | | STMicroelectronics Valuation | Previous | Next |
STMicroelectronics Trading Date Momentum on April 28, 2024
| On April 29 2024 STMicroelectronics NV ADR was traded for 41.18 at the closing time. Highest STMicroelectronics's price during the trading hours was 41.18 and the lowest price during the day was 40.67 . The net volume was 2.8 M. The overall trading history on the 29th of April contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.36% . The trading price change to current price is 2.71% . |
STMicroelectronics NV ADR Fundamentals Correlations and Trends
By evaluating STMicroelectronics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among STMicroelectronics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. STMicroelectronics financial account trend analysis is a perfect complement when working with valuation or volatility modules.About STMicroelectronics Stock history
STMicroelectronics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for STMicroelectronics is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in STMicroelectronics NV ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing STMicroelectronics stock prices may prove useful in developing a viable investing in STMicroelectronics
STMicroelectronics N.V., together with its subsidiaries, designs, develops, manufactures, and sells semiconductor products in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. STMicroelectronics N.V. was incorporated in 1987 and is headquartered in Geneva, Switzerland. Stmicroelectronics operates under Semiconductors classification in the United States and is traded on New York Stock Exchange. It employs 48254 people.
STMicroelectronics Stock Technical Analysis
STMicroelectronics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
STMicroelectronics Period Price Range
Low | April 26, 2024
| High |
41.74 | 41.33 |
STMicroelectronics May 14, 2024 Market Strength
Market strength indicators help investors to evaluate how STMicroelectronics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading STMicroelectronics shares will generate the highest return on investment. By undertsting and applying STMicroelectronics stock market strength indicators, traders can identify STMicroelectronics NV ADR entry and exit signals to maximize returns
| Accumulation Distribution | 54151.53 | |||
| Daily Balance Of Power | (0.68) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 41.54 | |||
| Day Typical Price | 41.47 | |||
| Price Action Indicator | (0.42) | |||
| Period Momentum Indicator | (0.81) |
STMicroelectronics Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for STMicroelectronics' price direction in advance. Along with the technical and fundamental analysis of STMicroelectronics Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of STMicroelectronics to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.09) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in STMicroelectronics NV ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for STMicroelectronics Stock analysis
When running STMicroelectronics' price analysis, check to measure STMicroelectronics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy STMicroelectronics is operating at the current time. Most of STMicroelectronics' value examination focuses on studying past and present price action to predict the probability of STMicroelectronics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move STMicroelectronics' price. Additionally, you may evaluate how the addition of STMicroelectronics to your portfolios can decrease your overall portfolio volatility.
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Is STMicroelectronics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of STMicroelectronics. If investors know STMicroelectronics will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about STMicroelectronics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of STMicroelectronics NV ADR is measured differently than its book value, which is the value of STMicroelectronics that is recorded on the company's balance sheet. Investors also form their own opinion of STMicroelectronics' value that differs from its market value or its book value, called intrinsic value, which is STMicroelectronics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because STMicroelectronics' market value can be influenced by many factors that don't directly affect STMicroelectronics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between STMicroelectronics' value and its price as these two are different measures arrived at by different means. Investors typically determine if STMicroelectronics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, STMicroelectronics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.